Photo via Dominium press release
By AZRE
Dominium, one of the nation’s leading owners, developers and managers of affordable housing, is holding the grand opening of Vista Ridge, 308 units of affordable housing for working families in South Phoenix on October 24 and breaking ground on 657 units of both family and senior affordable housing in Goodyear on October 25. The Goodyear project is Arizona’s largest affordable multifamily new construction development and also Dominium’s largest in the state. Elected officials for Phoenix, Goodyear and Maricopa County will join in the festivities, as well as senior leadership from the Arizona Department of Housing. The media is invited.
Dominium has been in the affordable housing industry for more than 50 years and manages more than 38,000 apartments in 18 states. Dominium has a national reputation of developing high-quality properties that they own and manage for the long-term. To help address Arizona’s housing crisis, Dominium has opened an office in Phoenix and is collaborating with the Arizona Department of Housing, the Arizona Industrial Development Authority, and a number of other investor partners. As Arizona’s housing crisis looms, Dominium and its partners are investing over $1 billion in the state to develop affordable housing for essential workers and Arizona’s seniors. Dominium currently has over 1,500 affordable homes under construction across the Valley and an additional 1,500 units proposed in the next few years.
